Changing Lifestyles, Urbanization & Rising Disposable Incomes Driving Demand for Extruded Snacks

Description: Industry Experts, Inc., has released the new market research report on Extruded Snacks Market. As per this study, the demand for Extruded Snacks is estimated at US$65.1 billion in 2024 and projected to reach US$92.2 billion by 2030 at a 2024-2030 CAGR of 6%.
Some of the factors instrumental in driving demand for Extruded Snacks include growing preference for convenience & on-the-go snacks, rising disposable incomes, move towards healthier snacking options, changing lifestyles & urbanization, innovations in flavors, textures & ingredients, expansion of online distribution channels, technological advancements in extrusion, growing popularity of savory snacks, emerging markets & population growth and marketing & packaging strategies.
Extruded Snacks are normally made using two techniques, viz., Single-Screw Extruder and Twin-Screw Extruder, among which the global market for the latter is larger (estimated at 58.9% in 2024) and also faster growing (6.9% CAGR over 2024-2030).

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